Comments on: Is pet insurance worth it? http://blogs.reuters.com/reuters-wealth/2011/10/07/is-pet-insurance-worth-it/ Fri, 05 Dec 2014 11:27:18 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: MiltonMichaels http://blogs.reuters.com/reuters-wealth/2011/10/07/is-pet-insurance-worth-it/comment-page-1/#comment-8982 Tue, 17 Jan 2012 17:10:49 +0000 http://blogs.reuters.com/reuters-money/?p=20486#comment-8982 From what I understand traditional pet insurance doesn’t add up to much of a value once you take into consideration the monthly premiums and the fact that coverage is often limited. My sister-in-law had a vet practice and many of her clients complained of the headaches associated with traditional insurance, eventually opting for alternatives such as Pet Assure who offer simple discount plans. There may be others but I think they were the most popular. Anyone try them?

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By: PetFirst http://blogs.reuters.com/reuters-wealth/2011/10/07/is-pet-insurance-worth-it/comment-page-1/#comment-8903 Mon, 19 Dec 2011 16:17:36 +0000 http://blogs.reuters.com/reuters-money/?p=20486#comment-8903 Great article. It is always best to know what you are buying and find a plan that works for you and your pet! Here is another article on how to do your research:
http://www.petfirsthealthcare.com/commun ity/blog/2011/12/01/is-pet-insurance-wor th-it.aspx

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By: LovesDogzz http://blogs.reuters.com/reuters-wealth/2011/10/07/is-pet-insurance-worth-it/comment-page-1/#comment-8346 Mon, 10 Oct 2011 21:10:13 +0000 http://blogs.reuters.com/reuters-money/?p=20486#comment-8346 Another great pet insurance company (that was not mentioned in the article) is Pets Best Insurance. This company was founded by a vet name Dr. Jack Stephens– who was the actual founder of pet insurance in the US in the early 1980s. http://www.petsbest.com

Unlike many of the other pet insurance companies, Pets Best Insurance does not require a vet signature on claim forms, doesn’t have any upper age limits, costs around $1.00 per day, and doesn’t have any extra associated fees. Unlike VPI and some of the other companies, Pets Best Insurance pays a flat 80% of the ACTUAL vet bill after a deductible.

While it’s great (in theory) to set aside money for a pet health savings account– something to take into account is the possibility that you may just have begun saving, and your pet could have a serious illness or accident before you’ve saved enough money to cover the bill. Even if you’re putting around $30 a month into the account– two or three months into saving, you would still have under $100 available to you.

Visit www.petsbest.com for more information.

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By: mario56 http://blogs.reuters.com/reuters-wealth/2011/10/07/is-pet-insurance-worth-it/comment-page-1/#comment-8331 Mon, 10 Oct 2011 11:02:37 +0000 http://blogs.reuters.com/reuters-money/?p=20486#comment-8331 I had Veterinary Pet Insurance for my dog and kept careful records over his 15-year lifespan. I had to fill out claim forms, get the vet’s signature for each claim and copies of detailed medical records, keep track of and follow up on unpaid benefits, submit additional documentation when claims were denied, and argue about a lot of vague exclusions that seemed to apply to whatever they didn’t want to pay. The net savings was just under 20%. Definitely not worth it; just another racket.

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